INDIAN ECONOMY QUIZ

With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?

South Korea

Japan

China

Taiwan

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Asia’s first Export processing Zone (EPZ) was established in:

Cochin

Surat

Chennai

Kandla

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Deficit financing implies

public expenditure in excess of public revenue

none of the listed here

public revenue in excess of public expenditure

printing new currency notes

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The budget deficit means

difference between revenue receipts and revenue expenditure

fiscal deficit less interest payments

the excess of total expenditure, including loans, net of lending over revenue receipts

difference between all receipts and all the expenditure

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Project ‘Sankalp’ is associated with the elimination of:

Both A and B

Polio

None of these

AIDS/HIV

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Revenue of the state governments are raised from the following sources, except

land revenue

agricultural income tax

expenditure tax

entertainment tax

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National Rural Health mission was launched in:

38626

38534

38443

38565

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Debenture holders of a company are its

debtors

directors

creditors

shareholders

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In November 2007, the finance commission constituted by the president of India was:

Thirteenth

Eleventh

Tenth

Ninth

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In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

to lend more easily for industrial development

to govern entry of new private sector banks to make the banking sector more competitive

to setup more foreign exchange banks

to reduce the freedom given to banks to rationalize their existing branch network

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